1833 Beach Front Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | Listed by Century 21 MVP | $479,900 | |
| Listed by Century 21 MVP | |||
| Apr 18, 2024 | Listed by Century 21 MVP | $498,000 | |
| Listed by Century 21 MVP | |||
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GROSS RENTAL INCOME OF $52,095 IN 2023. This charming 1-bedroom, 2-bath log cabin accommodates up to 6 guests, nestled in the woods of the Sky Harbor neighborhood. Conveniently located approximately 12 minutes from Pigeon Forge and 18 minutes from Gatlinburg, with paved roads leading to the property. The cabin's inviting open living room boasts a stunning floor-to-ceiling stone fireplace, cathedral ceilings, and a comfortable sleeper sofa. The recently remodeled kitchen features new countertops, a subway tile backsplash, a kitchen sink/faucet, new knobs/pulls, and painted bottom cabinets. The main floor master suite offers a romantic escape with a queen-size bed, whirlpool tub, and access to a back deck with a hot tub, grill, and rocking chairs. The master bathroom has undergone a recent renovation with new countertops, sinks, faucets, mirror, light fixture, and a subway-tiled shower. The loft bedroom upstairs is equally cozy, with a second queen-size bed and an updated second bathroom featuring a new vanity, faucet, and light fixture. Accessibility is key with one-step entry, level parking, a bedroom on the main level, and a walk-in shower. The property features HVAC and Frigidaire kitchen appliances replaced around 4 years ago, and upstairs carpet replaced approximately 2-3 years ago.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017